Steel News

Danieli to Provide Plate-Steckel Mill Plant for Jiang Yin Xing Cheng

28 March 2008 - Danieli to supply a plate/Steckel mill and finishing equipment for Jiang Yin Xing Cheng Special Steel Works’ existing plant in Jiang Yin City.

SMS Demag to Upgrade NLMK Hot Strip Mill

28 March 2008 - SMS Demag to further modernize the finishing train of NLMK’s hot strip mill, including the installation of CVC plus, work roll bending, and hydraulic roll-gap adjustment.

Danieli to Supply Bar and Section Mill for INCA

27 March 2008 - Danieli Morgårdshammar will supply a new 400,000-tonnes/year superflexible bar and light section mill to Industrias Nacionales, C por A (INCA) for its facility in Santo Domingo.

Rasselstein Growth Bucks Market Trend for Tinplate

26 March 2008 - Rasselstein’s CEO describes how investments have helped this ThyssenKrupp Steel subsidiary expand market share as well as total shipments, beating the prevailing market trends for tinplate.

ArcelorMittal to Acquire Additional Noble Shares

26 March 2008 - ArcelorMittal’s shareholding in Noble International will reach approximately 49.95% with the just-announced acquisition of an additional 10.31% of Noble’s shares from Chairman and founder Robert J. Skandalaris.

Vale Discontinues Negotiations for Acquisition of Xstrata

26 March 2008 - Vale and Xstrata Plc discontinue their discussions as the two parties have been unable to reach agreement on Vale’s acquisition of Xstrata.

IISI Reports World Steel Production for February 2008

21 March 2008 - Steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 106.9 million tonnes in February — 5.3% higher than for the same month of 2007.

SMS Meer to Supply Section Mill for Jiexiu Xintai Iron & Steel

20 March 2008 - Jiexiu Xintai Iron & Steel in the province of Shanxi, China, places order with SMS Meer for a new 1.2 million tonnes/year section mill.

Evraz Calls Off Yuzhkuzbassugol and Raspadskaya Merger

20 March 2008 - Evraz Group decides to terminate the merger negotiations between its fully owned coal mining subsidiary Yuzhkuzbassugol, and Raspadskaya, Russia's second-largest coking coal producer.

ThyssenKrupp Steel to Restart Blast Furnace 1 at Duisburg-Schwelgern

20 March 2008 - ThyssenKrupp Steel’s Schwelgern 1 blast furnace in Duisburg is expected to begin its fifth campaign at the beginning of April, following completion of a record downtime of only 70 days.

Terra Nostra Subsidiary Adds New Contracts for Stainless Billet Production

19 March 2008 - Terra Nostra Resources signs eight new contracts for the production of over 2100 tonnes of stainless steel billets per month.

ArcelorMittal Adjusts Offer Price for ArcelorMittal Inox Brasil SA

18 March 2008 - ArcelorMittal is reducing the offer price in the delisting tender offer for all shares of Arcelor Mittal Inox Brasil SA to reflect interim dividends recently declared by the company.

Siemens to Supply Turnkey Process Technology for new SAIL Cold Mill

18 March 2008 - Siemens will design, engineer, supply, install and commission the core lines of SAIL’s new 1.3 million tonnes/year cold mill facility in Jharkand, India, including a coupled tandem pickling line, hot-dip galvanizing line, and an electrolytic strip cleaning line.

Danieli Morgårdshammar to Upgrade Stahl Gerlafingen Section Mill

17 March 2008 - Danieli Morgårdshammar will upgrade AFV Beltrame’s Grobstraße section mill with the installation of its profile sizing process as well as a new reversing breakdown mill, new ultra-flexible reversing pre-finishing mill, and new universal finishing sizing stand.

Evraz, TMK to Buy Ipsco Tubulars from SSAB

17 March 2008 - SSAB announces plans to divest Ipsco Tubulars to Evraz for $4,025 million in cash; Evraz will sell some of the U.S. based Ipsco Tubulars businesses to OAO TMK and its affiliates.

Rautaruukki to Close Raahe Works Sinter Plant by the end of 2011

13 March 2008 - Rautaruukki announced plans to close down sinter plant operations at its Raahe Works in Finland by the end of 2011 as it transitions over to 100% iron pellet feedstock for its blast furnace operations.

SMS Meer to Supply PQF Seamless Tube Mill for Vallourec & Sumitomo do Brasil

12 March 2008 - Vallourec & Sumitomo Tubos do Brasil has awarded a contract to SMS Meer to supply a new Premium Quality Finishing seamless tube plant.

Economy Industrial to Supply Casting Machines in Russia, Iceland, and U.S.

12 March 2008 - Economy Industrial, Ambridge, Pa., is producing two new casting machines for installation in Europe, as well as a pig iron casting machine for a new joint venture oxide recovery facility in Blytheville between Nucor and Heritage Environmental.

ArcelorMittal Announces Third Episode of its Web TV’s 2nd Season

11 March 2008 - ArcelorMittal announces ‘Freedom Beams’ - the third episode of ArcelorMittal Web TV’s second season, which reveals the full story behind the famous steel beams produced by ArcelorMittal for the construction of New York's iconic One World Trade Center, The Freedom Tower.

SMS Demag to Supply X-Cast Slab Caster for Salem Steel Plant

11 March 2008 - SAIL’s Salem Steel Plant awards SMS Demag a contract to supply a single-strand continuous casting machine for the production of stainless steel slabs.